TEHRAN, May 25 - Malaysian police said on Friday that cash worth 114 million ringgit ($28.6 million) and over 400 luxury handbags were seized from several apartments as part of an anti-graft probe into a state fund founded by former prime minister Najib Razak.
TEHRAN, Young Journalists Club (YJC) - Najib's home, and the apartments of a son, and a daughter were among a dozen properties searched since May 18, Amar Singh, the head of commercial crime division, told a news conference.
Since his defeat in an election on May 9, Najib has been barred from leaving the country by the new government, which has reopened an investigation into billions of dollars missing from 1Malaysia Development Berhad (1MDB).
At one empty apartment, officers found 35 bags stuffed with cash valued at 114 million ringgit. The banknotes were in 26 currencies, though the largest amounts were in ringgit and Singapore dollars.
"We have sat together with bank officials to tally and estimate the total cash seized," Singh said.
Singh said the empty apartment in Pavillion Residences, in the Bukit Bintang neighborhood of Kuala Lumpur, did not belong to any of Najib's family members. He declined to name the owner.
Police also found 284 boxes of handbags in the apartment, and a further 150 handbags were seized from the home of Najib's daughter, Nooryana Najwa, along with various shoes, including baby shoes.
Singh said most of the bags appeared to be a Hermes brand.
Source: Reuters
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